WASHINGTON: United States President
Donald Trump
on Monday stated the popular Chinese app,
TikTok
, would be prohibited in the country starting September 15, unless it is bought by an American business and asserted that a significant quantity of the buyout deal need to go to the treasury.
Innovation giant Microsoft is in talks with TikTok’s parent business ByteDance to purchase its United States operation.
Nevertheless, the president is in favour of a total 100 per cent purchase and not the 30 percent as apparently being negotiated now.
Trump confirmed to reporters that he talked to Microsoft’s India-born CEO
Satya Nadella
on the problem.
” We had a terrific discussion. He (Nadella) called me to see how I felt about it. I stated, appearance, it can’t be managed for security factors by China …( its) too big, too intrusive. It can’t be … I do not mind whether it’s Microsoft or somebody else, a huge company … American company buys it. It’s probably much easier to purchase the entire thing rather than to purchase 30 per cent of it,” Trump informed reporters in the Cabinet Room of the White House.
” I stated how do you do 30 percent? Who’s going to get the name. The name